BG Investment Services Inc. Boosts Stock Position in NVIDIA Corporation $NVDA

BG Investment Services Inc. boosted its holdings in shares of NVIDIA Corporation (NASDAQ:NVDA) by 8.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 9,211 shares of the computer hardware maker’s stock after purchasing an additional 730 shares during the quarter. NVIDIA comprises about 1.8% of BG Investment Services Inc.’s investment portfolio, making the stock its 16th largest position. BG Investment Services Inc.’s holdings in NVIDIA were worth $1,455,000 at the end of the most recent quarter.

Other institutional investors have also bought and sold shares of the company. Harbor Asset Planning Inc. purchased a new position in NVIDIA in the second quarter worth about $28,000. Kathleen S. Wright Associates Inc. lifted its stake in shares of NVIDIA by 169.3% in the 1st quarter. Kathleen S. Wright Associates Inc. now owns 404 shares of the computer hardware maker’s stock valued at $44,000 after purchasing an additional 254 shares during the last quarter. Barnes Dennig Private Wealth Management LLC bought a new stake in shares of NVIDIA in the 1st quarter valued at approximately $51,000. Legend Financial Advisors Inc. purchased a new position in shares of NVIDIA in the 2nd quarter worth approximately $55,000. Finally, Campbell Capital Management Inc. increased its position in shares of NVIDIA by 5,900.0% during the 1st quarter. Campbell Capital Management Inc. now owns 600 shares of the computer hardware maker’s stock valued at $65,000 after purchasing an additional 590 shares during the last quarter. Institutional investors own 65.27% of the company’s stock.

NVIDIA Price Performance

Shares of NVDA stock opened at $190.17 on Friday. The company has a market capitalization of $4.62 trillion, a P/E ratio of 54.18, a P/E/G ratio of 1.49 and a beta of 2.11. The company’s 50-day simple moving average is $185.60 and its two-hundred day simple moving average is $165.55. NVIDIA Corporation has a one year low of $86.62 and a one year high of $212.19. The company has a debt-to-equity ratio of 0.08, a current ratio of 4.21 and a quick ratio of 3.60.

NVIDIA (NASDAQ:NVDA) last posted its quarterly earnings results on Wednesday, August 27th. The computer hardware maker reported $1.05 earnings per share for the quarter, beating the consensus estimate of $1.01 by $0.04. NVIDIA had a net margin of 52.41% and a return on equity of 101.74%. The firm had revenue of $46.74 billion during the quarter, compared to the consensus estimate of $45.65 billion. During the same quarter in the previous year, the firm posted $0.68 earnings per share. The company’s revenue was up 55.6% on a year-over-year basis. NVIDIA has set its Q3 2026 guidance at EPS. As a group, equities analysts anticipate that NVIDIA Corporation will post 2.77 EPS for the current year.

NVIDIA Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, October 2nd. Shareholders of record on Thursday, September 11th were issued a $0.01 dividend. This represents a $0.04 annualized dividend and a dividend yield of 0.0%. The ex-dividend date was Thursday, September 11th. NVIDIA’s dividend payout ratio is currently 1.14%.

Insider Transactions at NVIDIA

In other news, Director Mark A. Stevens sold 350,000 shares of the firm’s stock in a transaction on Friday, September 19th. The stock was sold at an average price of $176.39, for a total transaction of $61,736,500.00. Following the transaction, the director owned 7,399,803 shares in the company, valued at approximately $1,305,251,251.17. This trade represents a 4.52% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, Director Harvey C. Jones sold 250,000 shares of NVIDIA stock in a transaction dated Thursday, September 18th. The shares were sold at an average price of $176.21, for a total value of $44,052,500.00. Following the completion of the sale, the director owned 7,183,280 shares of the company’s stock, valued at $1,265,765,768.80. The trade was a 3.36% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders have sold 3,251,577 shares of company stock valued at $583,143,187. 4.17% of the stock is currently owned by corporate insiders.

Analyst Ratings Changes

NVDA has been the subject of a number of analyst reports. Arete raised their price target on NVIDIA from $235.00 to $244.00 and gave the stock a “buy” rating in a research report on Tuesday, October 14th. HSBC set a $320.00 target price on shares of NVIDIA and gave the stock a “buy” rating in a report on Wednesday, October 15th. KeyCorp reiterated an “overweight” rating and set a $250.00 price target on shares of NVIDIA in a report on Friday. Wedbush reissued an “outperform” rating and issued a $210.00 price objective on shares of NVIDIA in a research report on Thursday, August 28th. Finally, Daiwa Capital Markets boosted their target price on NVIDIA from $165.00 to $205.00 and gave the company an “outperform” rating in a research report on Wednesday, September 17th. Five equities research analysts have rated the stock with a Strong Buy rating, thirty-nine have assigned a Buy rating, two have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, NVIDIA currently has an average rating of “Buy” and an average price target of $239.15.

About NVIDIA

NVIDIA Corporation provides graphics and compute and networking solutions in the United States, Taiwan, China, Hong Kong, and internationally. The Graphics segment offers GeForce GPUs for gaming and PCs, the GeForce NOW game streaming service and related infrastructure, and solutions for gaming platforms; Quadro/NVIDIA RTX GPUs for enterprise workstation graphics; virtual GPU or vGPU software for cloud-based visual and virtual computing; automotive platforms for infotainment systems; and Omniverse software for building and operating metaverse and 3D internet applications.